Opside secures $4M seed round to expand its ZK-rollup-as-a-service platform
Summary
Opside, a cutting-edge three-layer infrastructure platform providing ZK-RaaS (ZK-rollup-as-a-service), has recently closed a successful $4 million fundraising seed round. This breakthrough approach opens up a world of new possibilities for on-chain applications, such as games and social networks, which require faster transaction processing and lower fees.The seed round funding will be used to accelerate Opsides development, expand its team and scale its operations to meet the increasing demand for its services. Opside is set to focus on ZK-RaaS, and proof-of-stake (PoS) and proof-of-work (PoW) consensus, assisting applications and users with a better experience filling a gap in the market underserved by existing ZK-RaaS solutions.Were thrilled to have Web3.com Ventures and other top investors supporting our mission of making ZK accessible to applications of all sizes and general users. This seed round funding will enable the company to further establish its position as a leading platform in the space. As more businesses seek to optimize their applications and increase efficiency, Opside is well-positioned to become the go-to platform for applications looking to leverage zero-knowledge technology, and attract users who demand speed, security and fun.